【正文】 ultant EU – China The EU crises (2) 歐盟危機 Who is next? Spain, Italy, Hungary, Poland, Romania, Belgium, and ? ??? 誰將會是下一個？ 西班牙，意大利，匈牙利，波蘭，羅馬尼亞，比利時，還是 ???? 2022/3/13 25 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China The EU crises (3) 歐盟危機 In reality the EU – zone country rescue program is an EU banking rescue program, due to their huge Government bond positions in their balance sheets 由于在其（銀行）資產(chǎn)負債表中政府公債數(shù)額巨大， 歐盟國家救援計劃事實上是歐盟銀行業(yè)救援計劃。 他們怎樣才能繼續(xù)生存？ 2022/3/13 20 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Financial + Banking crises (5) 金融業(yè)與銀行業(yè)危機 How to get rid of the government debts? The US print money and the rest of the world has to buy and to rescue the US. But for how long? 如何擺脫政府債務(wù) 困境 ？ 美國印刷美元，其他國家 被迫 購買 并以此來 拯救美國。 2022/3/13 2 Abbreviation (1) 縮寫詞 BMT = Basic Management Tools 基礎(chǔ)管理工具 CDS = Credit Default Swaps 信用違約掉期 CEIBS = China Europe International Business School 中歐國際商學院 CEO = Chief Executive Officer 首席執(zhí)行官 CO2 = Carbon (chem.) 二氧化碳 CRO = Chief Risk Officer 首席風險管控官 CSO = Chief Strategic Officer 首席戰(zhàn)略管控官 EBIT = Earnings Before Interests + Taxes 息稅前收益 ECUST = East China University of Science + Technology 華東理工大學 EDA = Economic Development Area 經(jīng)濟開發(fā)區(qū) EDP = Expert Data Pool 專業(yè)數(shù)據(jù)庫 2022/3/13 3 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Abbreviation (2) 縮寫詞 EMBA = Executive MBA 高級工商管理碩士 ERM = Enterprise Risk Management 企業(yè)風險管理 EU = European Union 歐盟 EVA = Economic Value Added 經(jīng)濟附加值 GDP = Gross Domestic Product 國民生產(chǎn)總值 HR = Human Resources 人力資源 IMBA = International MBA 國際工商管理碩士 IT = Information Technology 信息技術(shù) JV = Joint Venture 合資企業(yè) Ltd = Limited 有限公司 M+A = Mergers + Acquisition 合并 + 收購 2022/3/13 4 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Abbreviation (3) 縮寫詞 MBA = Master of Business Administration 工商管理碩士 p+l = profit + loss account 損益賬戶 Q+A = Questions + Answers 提問與回答 QTC = Qingdao Technical College 青島職業(yè)技術(shù)學院 RMB = Renmimbi Yuan 人民幣，元 SWOT = Strengths, Weaknesses, Opportunities, Threats 優(yōu)勢，劣勢，機遇與危機 TCM = Traditional Chinese Medicine 傳統(tǒng)中藥 UK = United Kingdom 英國，大不列顛聯(lián)合王國 US = United States 美國 USA = United States of America 美利堅和公國 USD = US – Dollar 美元 2022/3/13 5 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (1) 目錄 Chapter 1: Current global Economic and Political challenges 第 一 章：目前全球經(jīng)濟與政治所面臨的挑戰(zhàn) Financial + Banking Crises 金融業(yè)與銀行業(yè)危機 Political Crises 政治危機 Natural Disasters 自然災(zāi)害 Interim Result 中期結(jié)論 2022/3/13 6 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (2) 目錄 Chapter 2: Theory + Concept of ERM (1) 第 二 章：企業(yè)風險管理的原理與概念 (1) The key Principles of ERM 企業(yè)風險管理的關(guān)鍵原則 Advantages of ERM 企業(yè)風險管理的優(yōu)點 Implementation of ERM 企業(yè)風險管理的實行 2022/3/13 7 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (3) 目錄 Chapter 2: Theory + Concept of ERM (2) 第 二 章：企業(yè)風險管理的原理與概念 (2) Components of ERM 企業(yè)風險管理的組成 Risk Correlations 風險相關(guān)性 Risk Capital 風險資本 2022/3/13 8 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (4) 目錄 Chapter 3: ERM + Overseas investments （ 1） 第 三 章：企業(yè)風險管理與海外投資 Reality in Overseas Investments 海外投資的 現(xiàn)狀 Major risks in Overseas Investments Project Management 海外投資項目管理的主要風險 Special focus on credit risk 特別 關(guān)注信用風險 2022/3/13 9 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (5) 目錄 Chapter 3: ERM + Overseas investments （ 2） 第 三 章：企業(yè)風險管理與海外投資 Country rating 國家評級 Rating Agencies 評級機構(gòu) 2022/3/13 10 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (6) 目錄 Chapter 4: Result 第四章：結(jié)論 2022/3/13 11 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (7) 目錄 Chapter 5: Q + A 第五章：提問與回答 2022/3/13 12 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Agenda (8) 目錄 Annex: About the lecturer 參考：講師簡介 2022/3/13 13 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Chapter 1 第一章 Current global Economic and Political Challenges 目前全球經(jīng)濟與政治所面臨的挑戰(zhàn) 2022/3/13 14 Current global economic + political challenges (1) 目前全球經(jīng)濟與政治所面臨的挑戰(zhàn) “The Wind of Change” “ 改革之風 ” The whole political + economical world is in a severe transition due to the aftermath of the financial crises 在金融危機后，整個金融與政治世界都在經(jīng)歷著嚴峻的轉(zhuǎn)型期。 2022/3/13 15 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Current global economic + political challenges (2) 目前全球經(jīng)濟與政治所面臨的挑戰(zhàn) Due to the globalisation this crises leads towards highly unpredictable chain risk reactions 由于全球化，這場危機將會導(dǎo)致不可預(yù)期的連鎖風險反應(yīng)。 但是這 能持續(xù) 多久？ 2022/3/13 21 柯朗 WolfBernhard KERSTEN, Professor of Economics, International Consultant EU – China Financial + Banking crises (6)